secwatch.observer — SEC 8-K summary
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Issuer:     WILLIAMS COMPANIES, INC. (WMB)
CIK:        0000107263
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0000107263-22-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Williams Q3 2022 Adj. EBITDA up 15% to $1.637B; guides to high end of raised $6.1-6.4B range
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- GAAP net income $599M ($0.49 EPS); adjusted net income $592M ($0.48 EPS).
- Adjusted EBITDA $1.637B (+15% YoY) on higher service revenues and Haynesville volumes.
- Cash flow from ops $1.490B (+79% YoY); AFFO $1.241B (+15%); dividend coverage 2.40x.
- Expects 2022 Adjusted EBITDA near high end of $6.1B–$6.4B guidance; leverage ~3.6x.
- Acquired NorTex Midstream ($424M, Aug 31) and Trace Midstream ($933M, Apr 29) in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/107263/000010726322000028/0000107263-22-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/107263/000010726322000028/wmb-20221031.htm
  HTML page:      https://secwatch.observer/filing/0000107263-22-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer